Archived posting to the Leica Users Group, 1998/11/29
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]<< They do project they will break even for the entire year, >> of course, breaking even is not going to be satisfactory with the owners (shareholders) of the company. They have not invested their money in Leica out of the goodness of their hearts. Over the last three years, investors in the western stock markets have been making very fine returns on their investments. Essentially, breaking even means that the shareholders have missed out on making a lot of money in other potential investments. No wonder they put in a new Chairman who is financially oriented. Of course, some whiners will complaint that Leica should have a commitment to the true photographers of the world instead of to their shareholders. Not likely. It is very similar to the issue regarding newspapers. If they don't make it financially, they don't make it. Tom Shea